Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 73.36%
June 30, 2024 72.46%
March 31, 2024 72.89%
December 31, 2023 72.26%
September 30, 2023 73.42%
June 30, 2023 71.93%
March 31, 2023 73.14%
December 31, 2022 72.38%
Date Value
September 30, 2022 72.21%
June 30, 2022 72.09%
March 31, 2022 73.20%
December 31, 2021 72.81%
September 30, 2021 73.59%
June 30, 2021
March 31, 2021 72.71%

Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

71.93%
Minimum
Jun 2023
73.59%
Maximum
Sep 2021
72.75%
Average
72.76%
Median

Gross Profit Margin (Quarterly) Benchmarks

comScore Inc 41.22%
Groupon Inc 89.88%
Meta Platforms Inc 81.83%
Giftify Inc 12.88%
Zedge Inc 93.93%